Deal Announcements

Divergence Receives $12 Million Series C Financing

Tuesday, February 17, 2009 5:58:00 AM PDT | VentureDeal Staff

St. Louis, Missouri  --  Biotechnology company Divergence has raised $11.8 million in its third round of institutional venture capital financing.

Divergence is working on technologies to control plant, animal and human parasitic nematodes.

MidPoint Food and Ag Fund was the lead investor in the round, which also included Prolog Ventures. Proceeds purposes from the funding round were not disclosed.

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